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Updated almost 6 years ago on . Most recent reply

User Stats

238
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68
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Lucas Hammer
  • Chicago, IL
68
Votes |
238
Posts

Higher offer with higher credit or lower offer with lower credit?

Lucas Hammer
  • Chicago, IL
Posted

So I'm putting in an offer on a place in the morning and I think it's a little overpriced because I plan on putting some work into it. The thing I'm debating is whether I should ask for more credit since the cash will help me get the work done or a lower purchase price.

I'm confident it'll appraise at asking, but I'll probably want to ask for more after inspection. Is it easier during negotiations under contract to ask for more credit or lower sale price?

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